XML 30 R20.htm IDEA: XBRL DOCUMENT v3.25.3

10. STOCK-BASED COMPENSATION

6 Months Ended

Sep. 30, 2025

STOCK-BASED COMPENSATION

NOTE 10 - STOCK-BASED COMPENSATION

​

NOTE 10—STOCK-BASED COMPENSATION

​

As of September 30, 2025, 2,354,451 shares of common stock were available for grant under the Company’s Amended and Restated 2016 Equity Incentive Plan.

​

The following table summarizes the Company’s stock option activities for the six months ended September 30, 2025:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Weighted

​

​

​

​

​

​

​

​

​

​

Number of Shares

​

Average

​

Weighted

​

​

Weighted

​

​

Shares

​

Underlying

​

Remaining

​

Average

​

​

Average Grant

​

​

Available for

​

Options

​

Contractual

​

Exercise

​

Date Fair

​

Grant

Outstanding

Life (Years)

Price

Value Per Share

Balance at March 31, 2025

​

3,095,976

​

7,636,716

​

​

​

$

5.03

​

$

2.11

Granted

​

(809,103)

​

809,103

​

​

​

$

3.85

​

$

3.01

Exercised

​

—

​

(13,375)

​

​

​

$

3.02

​

$

1.15

Forfeited

​

67,578

​

(413,066)

​

​

​

$

4.76

​

$

1.75

Balance at September 30, 2025

​

2,354,451

​

8,019,378

​

5.45

​

$

4.92

​

$

2.22

Options vested and exercisable

​

​

​

5,640,995

​

4.12

​

$

5.46

​

$

2.12

Options vested and expected to vest

​

​

​

7,966,254

​

5.43

​

$

4.93

​

$

2.22

Options unvested

​

​

​

2,378,383

​

8.60

​

$

3.66

​

$

2.46

​

The aggregate intrinsic value of options exercised during the six month period ended September 30, 2025 was $10,471.

​

The following table summarizes stock-based compensation expense by line item in the Condensed Consolidated Statements of Operations, all relating to employee stock plans:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended September 30,

​

Six Months Ended September 30,

​

​

2025

​

2024

​

2025

​

2024

​

​

(In thousands)

​

(In thousands)

Cost of revenues

​

$

58

​

$

51

​

$

102

​

$

107

Research and development

​

​

303

​

​

336

​

​

241

​

​

626

Selling, general and administrative

​

​

495

​

​

276

​

​

854

​

​

588

​

​

$

856

​

$

663

​

$

1,197

​

$

1,321

​

X

- Definition

The entire disclosure for share-based payment arrangement.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/718/tableOfContent

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (l)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration